Shopping Centers Today

DEC 2018

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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S I T E S & C I T I E S PLANO, TEXAS 80 S C T / D E C E M B E R 2 0 1 8 N HL Seattle, which is close to obtaining an NHL franchise for the city, will locate the team's corporate headquarters and training center at Simon's planned Northgate mixed-use development, site of the former Northgate Mall. It will be served by a light-rail station in•2021. Besides developing about 500,000 square feet of retail and commercial space, Simon has plans for roughly•800,000 square feet of class-A office space•and as many as 1,200 residential units and hospitality tenants on the site. NHL Seattle says it is committed to building the most environmentally sustainable practice facility in the NHL, using structural wood prod- ucts indigenous to the Pacific North- west. The planned •practice-training center, to be built at the very center of the property, will comprise•three NHL-size ice sheets, for team and community use. "The transformation of Northgate is a prime example of our ability to create compelling ways for consumers to live, work, play, stay, shop•— and now skate — at their favorite Simon destination," said•Michael E. McCarty, COO of Simon. SEATTLE O Outdoors chain REI filed for a building permit to open an REI Co-op store in a former Forever 21 space at Kroenke Group's SLO Promenade. The developer announced plans last year to divide the former store into smaller units to accommodate a Sprouts Farmers Market and three other tenants. L ocal officials have a vision for the area's older strip centers: Turn them into vibrant, 21st-century retail environments residents will want on their doorstep. The latest such project to gain approval from the Montgomery County Planning Department is Edens' plan to add 29,000 square feet of retail and 48 town houses to the 1950s-era Cabin John Village. Future phases will build an additional 30,000 square feet and 11 town houses within a 10-year span. The Edens•plan is in line with•government efforts to revitalize other old retail properties in the area. Among the local centers due to be revamped are Regency Centers' Westwood Shopping Center, in Bethesda;•and Federal Realty's Montrose Crossing Shopping Center and Federal Plaza, both in Rockville. MONTGOMERY COUNTY, MD. PHOENIX O Starwood Retail Partners opened a star-chef-driven dining area at The Shops at Willow Bend, in Plano, Texas. The District, as this dining quadrant is called, is the latest phase in Starwood Retail's $125 million– remake of the property.ŒThe new dining area's tenants include Knife, a steakhouse from Chef John Tesar; Mexican Bar Co. Cocina, from chef Patricio Sandoval; Terra Mediterranean, from brothers Jalal Chanaa and Adam Shanaa; and Whistle Britches, offering Southern comfort food from chefŒOmar Flores. "Experience really is the new luxury," said Jeff Zeigler, COO of Starwood Retail.ŒThe redeveloped District quadrant is a prime example of the firm's efforts to reinvent its shopping complexes as multiuse urban cores, he says. The District is built on the site of a long-shuttered department store anchor. When Starwood Retail's parent, Starwood Capital Group, acquired the property in 2014, it decided that expansion of the dining and entertainment options would be the best way to boost the space›s profitability. Q

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